This IDC study presents a first look at the worldwide 2005 project and portfolio management (PPM) applications market and a five-year forecast through 2010. The study also presents a five-year forecast by three geographic regions - the Americas; Europe, the Middle East, and Africa (EMEA); and Asia/Pacific. In addition, the document contains a detailed discussion of the assumptions driving these forecasts and a comparison of IDC's 2005 forecast and 2006 forecast, plus an explanation for the most recent changes.

Gisela D. Wilson, director of IDC's Product, Project, and Portfolio Management (3PM) program, says, "The PPM applications market in 2004 and 2005 set the stage for a lively spree of mergers and acquisitions that is expected to continue at least through 2007. As companies strengthen their product offerings and market reach, they will fuel growing awareness of the benefits PPM can bring to a broad range of end-user industries. The expected boost to software investments in PPM is expected to translate into a solid five-year revenue CAGR of 8.5% - indeed a very respectable result."